Redfin Is Up 50% So Far in August -- but Here Are 4 Reasons It Could Still Be a Great Stock to Buy Now

Even though shares are up sharply in recent weeks, the real estate disruptor could still be a great long-term investment. Real estate technology company Redfin (RDFN 5.78%) has taken investors on quite a roller-coaster ride. After losing more than 95% of its peak value after the real estate market slowed to a crawl in 2022, the stock has more than tripled from the lows and is up by more than 50% in the past couple of weeks. However, with Redfin still trading at a rather small market cap ($1.3 billion) and s ...